Finnish and South Korean leaders celebrate landmark deal for shipping
South Korean and Finnish Prime Ministers, Jung Hong-won and Alexander Stubb, highlighted a landmark 50th deal for the collaboration between Finland's NAPA Group and Korea's Daewoo Shipbuilding & Marine Engineering (DSME), as an illustration of the importance of the maritime industry to both nations. At a ceremony in Seoul held during a visit by Finland's Prime Minister accompanied by a Finnish business delegation, the two national leaders joined Vice President Head of Basic Design Team of DSME, Odin Kwon and President of NAPA Group, Juha Heikinheimo to mark the 50th order for NAPA-DSME Power, a joint solution for fuel saving and eco-efficiency in ship operation. NAPA, the maritime software house, has been working with DSME, the second largest shipbuilder in the world, to provide fuel saving optimisation software to the international shipping industry since early 2011. As part of DSME's Green Ship concept, the collaboration directly supports efforts to reduce bunker fuel costs, the highest expense in running a modern vessel. NAPA-DSME Power is used to obtain the most optimal trim, route, speed profile, and engine configuration for any given voyage. In addition it includes a complete office platform, which provides a quick overview of fleet efficiency, including tools for ...
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